Pretty clear to me that a fairly large holder has been selling,...

Pretty clear to me that a fairly large holder has been selling, and it looks like they've put their cards on the table now. Why at this stage??

Well going back a couple of years managements intention was to back door list an exploration project . Now that new management have stated they are staying in the biotech world perhaps this is not in line with that particular holders investment strategy/risk appetite.

The good thing is recently the selling was absorbed and buyers are still lining up, but who is going to take out the rest of the selling wall?